BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) Short Interest Down 21.1% in January

BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 54,500 shares, a drop of 21.1% from the January 15th total of 69,100 shares. Based on an average daily trading volume, of 104,000 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On BlackRock MuniHoldings Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. US Bancorp DE purchased a new position in BlackRock MuniHoldings Fund in the third quarter worth $48,000. Signaturefd LLC purchased a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at $48,000. Steward Partners Investment Advisory LLC grew its holdings in shares of BlackRock MuniHoldings Fund by 71.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,436 shares of the company’s stock valued at $122,000 after buying an additional 4,338 shares during the last quarter. Northern Trust Corp purchased a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at $131,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in shares of BlackRock MuniHoldings Fund during the fourth quarter valued at $139,000.

BlackRock MuniHoldings Fund Stock Performance

MHD stock traded up $0.09 during trading on Friday, hitting $12.14. 72,588 shares of the company’s stock traded hands, compared to its average volume of 78,856. The business has a fifty day simple moving average of $11.99 and a two-hundred day simple moving average of $12.28. BlackRock MuniHoldings Fund has a 1 year low of $11.41 and a 1 year high of $12.96.

BlackRock MuniHoldings Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a $0.0595 dividend. This represents a $0.71 annualized dividend and a yield of 5.88%. The ex-dividend date is Friday, February 14th.

BlackRock MuniHoldings Fund Company Profile

BlackRock MuniHoldings Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds that are exempt from federal income taxes.